Tairāwhiti businesses can now apply for a business support grant of up to $40,000 to support their recovery from Cyclone Gabrielle. The Government has allocated $4.5 million in this tranche of funding for the region.
To apply for a business support grant, businesses must meet the following criteria:
- business must be located in the Tairāwhiti region
- face significant cashflow issues due to continued challenges with customer access, ability to source stock, supply chain issues, inability to operate as usual due to physical damage to equipment or premises, or delays in insurance assessment and repairs
- be an otherwise viable business both before and after the flooding
- not have received or be eligible to receive any funding from the MPI recovery fund at the time the business is being considered for a grant under the Business Recovery Grants Programme
- commit to acting in line with employment law and with due regard to its employees.
To complete the form you will also need:
- your New Zealand Business Number (NZBN)
- your GST or IRD number
- a bank deposit slip or other bank account verification that clearly shows the bank logo, name of person or business that has applied and the account number - this could be the top of a bank statement or a clearly visible screenshot from your online banking
- an understanding of how your cashflow has been impacted.
Meeting these criteria is essential to ensure funding is provided to those who need it most, and to ensure funds are distributed fairly and effectively. There is significant demand for these grants, please only request what you need so the fund can support as many local businesses as possible.
If you do not have a New Zealand Business Number (NZBN) you will need to apply for one at New Zealand Business Number.
Applicants should be aware:
- A full list of grant recipients and the amount they received will be published on a publicly accessible register.
- All applications could be subject to audit by the Ministry of Business, Innovation and Employment.
- Providing false or misleading information, or receiving any grant you were not entitled to receive could make the applicant subject to investigation for offences under the Crimes Act 1961.
- We’re working hard to process applications as they are received and will contact businesses within a few days to let them know the outcome.
- We recommend that you seek independent tax advice.
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